We need better data quality management but there are time, budget and resource constraints.
All financial services firms recognise the need to manage data quality and its potential impact on the risk and effectiveness of the business. Even if a firm has a limited number of data suppliers or has outsourced some of its key business processes, there is still an overriding requirement to maintain oversight and control of data as it moves through the business.
Some firms have invested in their data platform and architecture but these projects can be costly, resource intensive and take time to complete. While many of these investments are justified, they don’t suit the needs, timescales and budget of all firms. In addition, even the firms that have invested in some of these technologies have found that they don’t always give the business users the visibility and control over data and processes that new data governance and regulatory initiatives require.
At Curium Data Systems, we believe that whatever your data architecture, be it through a centralised hub, a more federated approach or in many cases a pragmatic combination of both – Curium can both enhance the existing data architecture and provide the level of business controls that are missing. Time and again we have also proved that world class data management controls can be implemented at a cost and timescale to suit the budget and constraints of any firm. Innovative use of data connectivity and modelling techniques ensures that Curium can sit over virtually any data architecture and will add value rapidly to the firm or department’s data management requirements.
Curium can sit over virtually any data architecture and will add value rapidly
If the parameters of your next data management project include any of the following, then Curium is the solution to your business needs:
- Most of our data architecture is fit for purpose and we have built up the necessary infrastructure to suit our needs, we simply need good tools to make sure that Operations and Data Management users have the oversight that they need and that they find any data issues before they become business issues.
- We may want to look at a longer term restructuring of our data architecture but recognise that we can do this in phases and seek best of breed toolsets – business tools to manage the data as it affects the needs of the business; IT tools to ensure efficient data integration. One size does not have to fit all.
- We don’t have the time, budget or appetite for a full scale reworking of our data architecture –we just need better business controls over how we process and validate data and how it is used across the business.
CuriumEDM and CuriumDQM will provide rapid and cost effective data management controls to the needs of every financial services firm – whatever the current architecture and business needs.
Curium – Innovative data solutions for real business needs